Novo Holdings A-s

  • Denmark, Outside U.S.
  • Tax exemption issued: May 2025
  • EIN: 98-0571483

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C. (NTEE)

Donations to this organization are not tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,542,774,981
Expenses
$277,559,658
Net Income
$3,265,215,323
Net Assets
$27,951,076,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,641,994,209
46.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,890,983,388
53.4%
Net Inventory Sales $0
Other Revenue $9,797,384
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $9,296,972
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $47,171,847
17.0%
Assets/Debt
Total Assets $36,173,313,408
Total Liabilities $8,222,237,255
Net Assets $27,951,076,153
Compensation
Key Employees and Officers Compensation Related Other
Kasim Kutay (Ceo) $2,442,078 $0 $4,683,158
Nigel Kevin Govett (Cfo) $498,174 $0 $128,487
Lars Rebien Sorensen (Chair) $298,063 $374,302 $0
Jean-luc Butel (Director) $213,342 $0 $0
Susanne Antonie Schaffert (Director) $191,706 $0 $0
Steen Riisgaard (Vice Chair) $189,693 $223,624 $0
Britt Meelby Jensen (Director) $175,479 $0 $0
Viviane Monges (Director) $135,461 $0 $0
Francis Michael Cyprian Cuss (Director) $135,413 $0 $0
Henrik Poulsen (Director) $102,959 $0 $0
Jeppe Christiansen (Director) $102,959 $0 $0
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Document Links

990
Filed on Nov. 15, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,825,772,201
Expenses
$286,822,414
Net Income
$2,538,949,787
Net Assets
$22,615,528,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,404,196,964
49.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,406,265,564
49.8%
Net Inventory Sales $0
Other Revenue $15,309,673
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $8,043,698
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $41,012,836
14.3%
Assets/Debt
Total Assets $31,172,125,391
Total Liabilities $8,556,597,354
Net Assets $22,615,528,037
Compensation
Key Employees and Officers Compensation Related Other
Kasim Kutay (Ceo) $3,005,228 $0 $3,065,104
Nigel Kevin Govett (Cfo) $450,444 $0 $123,238
Lars Rebien Sorensen (Chair) $276,729 $277,173 $0
Jean-luc Butel (Director) $206,696 $0 $0
Steen Riisgaard (Vice Chair) $188,188 $200,625 $0
Britt Meelby Jensen (Director) $173,678 $0 $0
Francis Michael Cyprian Cuss (Director) $143,620 $0 $0
Susanne Antonie Schaffert (Director (may-dec)) $138,291 $0 $0
Viviane Monges (Director) $137,846 $0 $0
Henrik Poulsen (Director) $99,646 $0 $0
Jeppe Christiansen (Director) $99,646 $0 $0
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Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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